Overview
Estuary Capital Management, LP (hereinafter “Estuary”, “we”, “us”, “our”, “Investment
Manager” or the “Firm”) is organized as a Delaware limited partnership with its principal place
of business in Wayzata, Minnesota. Estuary commenced operations as an investment adviser
in January 2023.
We are an affiliate of the following entity: Estuary Capital Partners, LLC (the “General
Partner”), the general partner of the Master Fund and the Onshore Fund (each as defined
below).
Andrew Warford, the Founder and Managing Partner of the Firm, is the majority beneficial
owner of the Firm and directs the investment activities and operations of the Funds (as defined
below) through the Firm.
Estuary provides discretionary investment management services to the following private
funds: Estuary Master Fund, LP (the “Master Fund”), Estuary Partners Fund, LP (the “Onshore
Fund”), and Estuary Offshore Fund, Ltd. (the “Offshore Fund”)
The Master Fund, the Onshore Fund, and the Offshore Fund are herein
each referred to as a
“Fund” or “Client”, and collectively referred to as the “Funds” or the “Clients”.
The Onshore Fund’s “Limited Partners” and the Offshore Fund’s “Shareholders” are hereafter
collectively referred to as the “Investors” where appropriate.
We serve as the investment adviser, with discretionary trading authority, to the Funds, which
are private, pooled investment vehicles, the securities of which are offered through a
confidential offering memoranda to U.S. persons who are “accredited investors”, as defined
under the Securities Act of 1933, as amended, and qualified purchasers, as defined under the
Investment Company Act of 1940, as amended and, qualified non-U.S. persons.
Our investment decisions and advice with respect to the Funds are subject to each Fund’s
investment objectives and guidelines, as set forth in its respective “Offering Documents.”
As of December 31, 2023, we had regulatory assets under management of $572.9 million
managed on a discretionary basis.